Running your own business can seem an attractive option these days. Plenty of people have a dream of running their own business, and sometimes, when that offer of a redundancy package comes along, it can present an opportunity to realise a long held ambition.
It doesn’t have to be a redundancy package that sets you off on your entrepreneurial adventure, of course. It could be spotting a gap in the market, a lucky chance or a perfect storm of opportunity blowing your way that inspires you. Before you know it, you’re the proprietor of your own company and may be considering employing someone to help you – but the implications of employing someone (or even several someones) can be quite scary.
What do you need to put in place to keep you on the right side of the law?
Essential Documentation for the Small Business
In addition to public liability, employer’s liability and professional indemnity insurance (consult your insurance broker about these essential items), there are certain other essential documents that you need to put in place. Continue reading “Employment Legislation and the Small/Medium Sized UK Business”